Bollard Quotes

Whitebait is New Zealand's caviar and is special. Everybody likes eating whitebait, especially lightly cooked in fritters. - Alan Bollard

We now see the exchange rate as exceptionally high, and in some respects this is unjustifiable. In time, it will fall. Investors who think that the New Zealand dollar only goes up will be set for disappointment. - Alan Bollard

We live, eat and breathe bollards. - David Dickinson

We have seen ongoing momentum in domestic demand and persistently tight capacity constraints... We remain concerned that inflation pressures are not abating sufficiently to achieve our medium-term target. - Alan Bollard

These bollards are effective, but they're not that pretty. - David Dickinson

There's inflation activity in the system, there's cost and wage pressures in the system, and we need to see that abate before we're prepared to see interest rates come off. - Alan Bollard

The prospect of further tightening may only be ruled out once a noticeable moderation in housing and consumer spending is observed... Certainly, we see no prospect of an easing in the foreseeable future if inflation is to be kept within the 1% to 3% target range on average over the medium term. - Alan Bollard

The most serious risk to medium-term inflation is the continuing strength of household spending, supported by a relentless housing market and rapid growth in mortgage lending. - Alan Bollard